Industry News

Industry News

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Hapoalim agrees $904m US tax evasion, FIFA bribery fines

Israel

UK tech firms suffer worst quarter since financial crisis

Europe

With economy in "free fall", Lebanon aims for IMF aid

MENA/GCC

Turkish Treasury to repay over $12.6B debt in May-July

Turkey

Lloyds Books 1.4 Billion-Pound Charge and Scraps Targets

Europe

St James's Place trims dividend as first-quarter AUM falls

Investment BankingEuropeCEOLondon

Coutts and Adam & Co post £424m Q1 inflow

Private Banking

Biggest U.S. banks says they submitted $45.8 billion in loans for emergency aid program

US

Saudi Arabia makes improvements in global budget transparency index

Saudi Arabia

Turkish Central Bank cuts inflation forecast for 2020

Turkey

Societe Generale plunges to first quarter loss on bad loan provisions

Europe

Abu Dhabi's Waha Capital planning to invest $200m in US stocks, says CEO

MENA/GCCAbu Dhabi

Robeco launches its first global green bonds fund

Asset ManagementLuxembourg

Wall Street slides at open as Trump warns of new tariffs on China

USAsia

UAE combats coronavirus: Restrictions eased in Dubai, but danger still persists

MENA/GCC

Christoph Brunner's Comeback at CS

Private Banking

QIB’s Gamal warns of profit threat to every bank

MENA/GCCQatar

Lloyds Bank profit almost wiped out by $1.75 billion coronavirus hit

EuropeLondon

CS Shareholders Just Won't Rebel

CEOCIOCFO

Russia Should Launch Cash Handouts and Quantitative Easing, Economists Argue

Russia/CISMoscow

Spanish Government Forecasts 9.2% GDP Contraction in 2020

Europe

Deutsche Bank Appoints New Asia CEO

Investment BankingAsiaCEO

Q1 bank results: Barclays ticks all the trading bingo boxes

CEO

Dubai Islamic Bank books $404m in provisions in preparation for Covid-19 impact

MENA/GCCDubai